{"id":23474,"date":"2026-03-09T16:18:49","date_gmt":"2026-03-09T16:18:49","guid":{"rendered":"https:\/\/bitunikey.com\/news\/corastone-and-zcashs-zodl-show-blockchains-growing-up-for-real-finance\/"},"modified":"2026-03-09T16:18:52","modified_gmt":"2026-03-09T16:18:52","slug":"corastone-and-zcashs-zodl-show-blockchains-growing-up-for-real-finance","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/corastone-and-zcashs-zodl-show-blockchains-growing-up-for-real-finance\/","title":{"rendered":"Corastone and Zcash\u2019s ZODL show blockchains growing up for real finance"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p>Two new funding rounds for Corastone and Zcash Open Development Lab show blockchain infrastructure maturing for real\u2011world scale, private markets, and privacy\u2011first payments.<\/p>\n<div id=\"cn-block-summary-block_11d0c92b9bef4524f038f5900e5d6ac8\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Corastone raised backing from Fidelity, Hamilton Lane and others to run a private, permissioned blockchain as shared infrastructure for private\u2011market workflows.\u200b<\/li>\n<li>Zcash Open Development Lab secured over $25m from Paradigm, a16z crypto, Winklevoss Capital and others to scale Zcash\u2019s privacy ecosystem.<\/li>\n<li>ZODL\u2019s wallet, rebranded from Zashi, helped expand Zcash\u2019s Orchard shielded pool while ZEC traded near $240.98 as investors assessed the new roadmap.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Two very different rounds announced this week point in the same direction: blockchain infrastructure is being rebuilt for scale, not hype. In New York, Corastone, a self\u2011described \u201chyperscaler for private\u2011market investing,\u201d said Fidelity Investments, Future Standard and Hamilton Lane have joined Apollo, Franklin Templeton, KKR and Morgan Stanley as investors in its operating platform. The company runs a private, permissioned blockchain that acts as \u201cthe shared network infrastructure and data standard for private markets workflows,\u201d replacing legacy file\u2011based processes with straight\u2011through processing for asset managers, distributors and administrators.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>\u201cAs access to private markets continues to scale, firms need standardized, digital infrastructure that supports higher volumes and more complex structures without adding operational burden,\u201d said Hamid Gayibov, co\u2011founder and president of Corastone. \u201cCorastone was built to serve as a common operating layer for the ecosystem,\u201d he added, arguing that the goal is to let \u201cinvestors of all sizes access private market assets as efficiently and reliably as public markets.\u201d Future Standard\u2019s CTO Hari Moorthy framed the bet in similar terms, saying the firm \u201csaw a need in the marketplace for an infrastructure technology that connects the various point\u2011to\u2011point systems used by investors and enables true straight\u2011through\u2011processing of transactions,\u201d adding that its investment \u201creflects our confidence in the platform\u2019s long\u2011term role.\u201d<a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.stocktitan.net\/news\/HLNE\/leading-asset-managers-to-join-new-corastone-platform-as-investors-0vky54m894la.html\"><\/a>\u200b<\/p>\n<p>On the privacy side, Zcash Open Development Lab (ZODL) disclosed that it has raised more than $25 million in seed funding from Paradigm, a16z crypto, Winklevoss Capital, Coinbase Ventures and others to build out the Zcash ecosystem. Founded by former Electric Coin Company CEO Josh Swihart, ZODL now houses the technology behind the Zashi wallet, rebranded to Zodl, which helped grow Zcash\u2019s Orchard shielded pool from around 1 million ZEC to roughly 4 million ZEC during 2025 by simplifying privacy UX. Cypherpunk Technologies, which also invested $5 million in the round, said the deal \u201cgives its shareholders exposure to a private company building critical privacy infrastructure on the frontier\u201d and aligns with its mission of \u201cadvancing technologies that guarantee privacy for all humans on the internet.\u201d<\/p>\n<p>At press time, Zcash traded near $240.98, up about 3.8% over the <em>last<\/em> 24 hours, with a 24\u2011hour volume of roughly $346.4 million, as investors digested the new funding and infrastructure roadmap. For more detailed price data, see the crypto.news price page for\u00a0Zcash (ZCASH).<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Two new funding rounds for Corastone and Zcash Open Development Lab show blockchain infrastructure maturing for real\u2011world scale, private markets, and privacy\u2011first payments. Summary Corastone raised backing from Fidelity, Hamilton&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4505,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-23474","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23474","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=23474"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23474\/revisions"}],"predecessor-version":[{"id":23475,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23474\/revisions\/23475"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/4505"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=23474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=23474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=23474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}